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Exchange-Traded Funds, US Equities Higher After Durable Goods Orders Data
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Exchange-Traded Funds, US Equities Higher After Durable Goods Orders Data
Mar 26, 2024 10:34 AM

01:01 PM EDT, 03/26/2024 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds, including IWM and IVV, were trading higher. Actively-traded Invesco QQQ Trust (QQQ) was up 0.4%.

US benchmark stock indexes rose while government bond yields traded mixed after midday Tuesday following data on durable goods orders that grew quicker than forecast while a consumer confidence gauge slipped.

Energy

iShares US Energy ETF (IYE) fell 0.7% and Energy Select Sector SPDR (XLE) slid 0.8%.

Technology

Technology Select Sector SPDR ETF (XLK) was up 0.3%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were higher.

SPDR S&P Semiconductor (XSD) rose 0.2% while iShares PHLX Semiconductor (SOXX) eased 0.1%.

Financial

Financial Select Sector SPDR (XLF) edged up 0.5%. Direxion Daily Financial Bull 3X shares (FAS) was up 1.6% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 1.5%.

Commodities

Crude was up 0.1%; United States Oil Fund (USO) was flat. Natural gas was up 0.4% and the United States Natural Gas Fund (UNG) fell 0.3%.

Gold was up 0.1% based on Comex, and SPDR Gold Shares (GLD) rose 0.2%. Silver was down 1.2% and iShares Silver Trust (SLV) slid 1%.

Consumer

Consumer Staples Select Sector SPDR (XLP) gained 0.3%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were higher.

Consumer Discretionary Select Sector SPDR (XLY) increased 0.9%; retail funds VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) were higher.

Health Care

Health Care Select Sector SPDR (XLV) rose 0.4% and other funds iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were higher. Biotech ETF iShares NASDAQ Biotechnology ETF (IBB) was up 0.1%.

Industrial

Select Sector SPDR-Industrial (XLI) fell 0.1% while other industrial funds iShares U.S. Industrials (IYJ), and Vanguard Industrials (VIS) were higher.

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